Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Lithuania - 2023

Contents:

  1. Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Lithuania (CIF) - 2022
  2. Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Lithuania (FOB) - 2022
  3. Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Lithuania
  4. Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Lithuania

Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Lithuania (CIF) - 2022

In 2022, the average import price for sound recording or reproducing apparatus; turntables (record-decks)s amounted to $152 per unit, growing by 4.9% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 48% against the previous year. As a result, import price attained the peak level of $196 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($286 per unit), while the price for France ($35 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Lithuania (FOB) - 2022

The average export price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $183 per unit in 2022, surging by 7% against the previous year. In general, the export price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 34%. Over the period under review, the average export prices attained the peak figure at $402 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($351 per unit), while the average price for exports to Hungary ($88 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Lithuania

In 2022, supplies from abroad of sound recording or reproducing apparatus; turntables (record-decks)s decreased by -4.4% to 6.3K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 69%. As a result, imports attained the peak of 6.6K units, and then declined slightly in the following year.

In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s totaled $965K in 2022. In general, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 70%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary81.519317744776.4%
Latvia27.359.313811662.0%
Poland70.814419010915.5%
United Kingdom10983.916996.0-4.1%
France10.214.732.830.744.4%
Estonia13.67.420.027.326.1%
Belgium5.50.313127.270.4%
Slovakia35.928.716.826.8-9.3%
Others37.933.688.384.730.7%
Total39256596396535.0%

Top Suppliers of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) to Lithuania in 2022:

  1. Hungary (2812.0 units)
  2. France (877.0 units)
  3. Poland (768.0 units)
  4. Latvia (691.0 units)
  5. United Kingdom (355.0 units)
  6. Belgium (254.0 units)
  7. Estonia (170.0 units)
  8. Slovakia (140.0 units)

Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Lithuania

In 2022, after three years of growth, there was significant decline in overseas shipments of sound recording or reproducing apparatus; turntables (record-decks)s, when their volume decreased by -9.9% to 3.3K units. Over the period under review, exports, however, showed significant growth. The growth pace was the most rapid in 2021 with an increase of 114% against the previous year. As a result, the exports reached the peak of 3.7K units, and then fell in the following year.

In value terms, exports of sound recording or reproducing apparatus; turntables (record-decks)s reduced modestly to $604K in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 84%. As a result, the exports attained the peak of $627K, and then reduced modestly in the following year.

Export of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan6.30.91.398.7150.2%
Latvia53.564.368.397.021.9%
Estonia35.245.357.664.122.1%
Poland5.411.784.558.5121.3%
Denmark2.427.010.243.5162.7%
Japan22.020.047.438.220.2%
Germany20.039.619.133.018.2%
SpainN/A0.60.820.1478.8%
Russia13.333.421020.014.6%
NetherlandsN/A0.74.113.6340.8%
United States4.56.213.113.343.5%
FinlandN/AN/AN/A9.80%
Hungary0.54.11.44.8112.5%
Others55.286.711089.817.6%
Total21834162760440.5%

Top Export Markets for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) from Lithuania in 2022:

  1. Latvia (718.0 units)
  2. Kazakhstan (524.0 units)
  3. Estonia (420.0 units)
  4. Poland (301.0 units)
  5. Denmark (257.0 units)
  6. Japan (200.0 units)
  7. Russia (175.0 units)
  8. Germany (94.0 units)
  9. Finland (89.0 units)
  10. Spain (85.0 units)
  11. Netherlands (80.0 units)
  12. United States (70.0 units)
  13. Hungary (54.0 units)

Source: IndexBox Market Intelligence Platform

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